SDV buys majority stake in Swiss 3PL

Intermediaries

Wednesday, January 09, 2013

Third party logistics provider SDV has acquired a majority stake in Safcomar Overseas SA. Safcomar’s new name, SDV Suisse, took effect Jan. 7. Through the deal, SDV adds a new country to its European network and will employ about 20 people in its Geneva and Zurich branches. “Switzerland is regarded as a strategic market by SDV, especially for the deployment of our key-accounts policy in Europe,” said Henri Le Gouis, SDV chief executive officer of the Western Europe ar...

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